I'm very new to investing and have mostly just bought some stuff here and there, but got in on NFLX around $95 not too long ago. It's been good for me as of late but I don't really know enough about all of this yet to know what I should be expecting with earnings being released later today
Expect a pretty big move. NFLX moves a ton after every earnings report; more so than most stocks. I expect the positive momentum to carry into the earnings later today but its just a guess.
expense ratio on VTSMX (total market index) is .17, VGTSX (total int'l) is .22. if it doesn't cost you any fees to invest in either, where's the beef?
Open an account at TD Ameritrade - best list of Commission Free ETF's that are relevant to what you want to do. I know you said moderate risk, but you don't want to be too conservative at only 28 years old. This is keeping things really simple, but gives you good exposure to world equity markets while still not getting too crazy: put 30-40% in VTI (total US equity market), 30-40% in VEU (total All World ex-US equities), and the remaining 20-40% in AGG (diversified bond fund). The percentages are up to you and how much risk you want to take on, but that is a low cost, basic portfolio that will do everything you need as you get started. If you don't want to have to worry about placing actual trades, rebalancing, ect., open an account at Betterment as they have the best selection of ETF's out of the Robo Advisors IMO. Set it up so that you deposit at least $100/month, select your risk tolerance/allocation, and let them take care of everything else for you. Technical Analysis of the Financial Markets by Murphy, specifically Chapters 1, 3, 4, 8, and 9. One adage that I commonly hear from analysts/portfolio mangers my company works with is that fundamental analysis got them their job, technical analysis is what allowed them to keep it. Even if you think technical analysis is kind of silly, I think it is still very important to have a basic understanding of how to read a chart, being able to identify when a trend exists/changes, and simple things like support/resistance. It's a big book (often referred to as one of the 'bibles' of technical analysis) and kinda expensive so you are probably better off checking it out from a library or finding a PDF online. Market Wizards by Schwager - A series of interviews with a variety of historically successful investors/traders. I find this book both important and useful because it gives you insight into how some of the most successful investors/traders in history managed the most important aspect of being in the markets - the psychological/emotional aspect of it. There are several different versions and they are all great, but I enjoy the original the most.
20-40% in a diversified bond fund is a super conservative allocation for a 28 year old's IRA. 0% is aggressive, 10% is moderate, 20% is conservative. 40% would be a portfolio where you're planning to use the money in the next 5-10 years. Checking in. Why do you ask?
That's the way I look at it as well, but I have found that people who say they are moderate still find 10% (and even sometimes 20%) as being way too risky for their taste. Granted this is just based off of friends/friends of friends around my age (30) that ask for advice/give me that kind of feedback when I suggest an allocation like the one you did, though I don't manage any of their $ (I only handle it for a couple of family members) so IDK. I guess I figured he might be similar to them since most people around that age are either all in on equities because they feel time is on their side, or they are like some of my friends in that they don't see 10-20% in bonds as being conservative enough for their tastes. That or I see people who say they have high tolerance for risk, but when they experience a drawdown (even if it's just 10% or so) it becomes readily apparent that their tolerance for risk is much lower than they thought. You manage money, right? How do you handle younger clients who say they are moderate/conservative and still think a 90/10 or 80/20 allocation is too risky for them?
I'm trying to understand what recapitalization in Greece will do to any Greek bank stocks I own. Can't find much, but I believe that my shares will somehow decrease....
I'm trying to understand what recapitalization in Greece will do to any Greek bank stocks I own. Can't find much, but I believe that my shares will somehow decrease....
Your shares will be diluted by raising new equity. In the event that they sell assets instead of raising equity, the bank would likely only be able to sell their better assets so you're losing earnings which, while not technically, effectively dilutes your shares. I don't have a great answer for you because I don't have to deal with clients. People with clients give us that 10%-20% allocation of their client's money to manage. I guess I would show them expected returns over a 30 year period from an Aggressive portfolio, a Growth portfolio and an Income & Growth portfolio and what they would project to have at age 60 from each portfolio. Then I would try to get them comfortable with year-to-year variance of the portfolios and stress that we would increase bond exposure over time to reduce the volatility. fwiw-I'm 35 and my retirement accounts are currently only 6% in fixed income and that allocation is split 37.5% IG bonds, 37.5% high yield & 25% preferred stock which is still aggressive as far as bond allocations go. I do have a taxable account that could be used for a future home remodel or a rainy day that is sitting 17% cash, 38% (muni) bonds, 19% LG Cap Stocks, 13% Sm Cap Stocks, 13% Int'l Stocks. To me, that is a good Income & Growth allocation.
just transferred over the last G into savings such that ms. swim and i have ~4 months of expenses now in the bank her lease runs out next august so anything on top of that is going to be a substantial cash down payment on it our student loans bout to get raped i wish more millennials werent brain dead when it comes to finances, oh well, more for me
AMZN has earnings after the close tomorrow and I am probably going to buy the weekly 600 calls expiring Friday.
youre absolutely right. it was the baby boomers who fucked us over on the housing bubble and then seemingly everyone doesnt understand the concept of a credit card
You're too dumb to realize how much better the quality of life is now than in the 1880s. You can thank your republicans who killed unions and pensions so we are slowly drifting back to most people being unable to save for retirement.
If anything, Millennials are better with their money than previous generations at the same age. Note: no evidence for this whatsoever
QOL is exceptionally better dumbass, who would argue otherwise? and, this is the investing thread, i think the people ITT believe we can plan for our retirement better than the government/union do you think a 26 yr old living in their parent's basement wants some pension they may never see because they have to work in the same place for 5+ years to vest in or a 401k where they dont put enough in to match... that, while important, isnt their most pressing concern? or do you think they want 6% more in salary so they can get their own place? or pay off a shit ton of student debt at 6-7% interest rate? but what do i know, clearly watson knows best!
Millennials arent saving at all, but that has a lot to with their age, as they are obviously more risk seeking people and many came to real world age age during a recession. Savings is still growing in the aggregate, and millennials will start saving more as they get older.
But how does it compare to the greatest generation, the silent generation, the baby boomers, generation x, etc at the same age
Data is conflicting, though I think given the right circumstances millennials would be the best savers. College debt and the financial crisis hurt. It seems as if Generation X is the worst right now. Millennials dont seem to contribute to retirement plans as much but that will change and is due to the aforementioned problems.
I wouldn't go higher (at all). There isn't a single generation or whatever that overall I would label as having a higher investing IQ - the sad truth is that the very broad majority of Americans haven't a clue.
Yea but millenials have by a wide margin more information on the matter than the previous generations. They also have witnessed a financial crisis (also not exactly sure what constitutes a millennial, I'm 30 am I one?). The general feeling in my company is that this younger generation has a head start on the basics but don't have a lot of trust in the markets. But yea no one would disagree that they still don't really know a thing.
generally millenials are anyone born between 1980/1 and 2000/1, but i think we're seeing a ratcheting down from the back end. Many researchers are now pegging the end date around 1997 or so.
Yea. I don't really want to get into my business on here, but we have people in that age group asking questions that previous generations didn't. Like ever. Thats what I meant by higher IQ.
Ordered The Intelligent Investor and A Random Walk Down Wall Street on Amazon last week. Read chapter one of Intelligent Investor last night. Good stuff.
Treasury cancelling the next 2 year auction? Debt ceiling concerns? DOW up to 300?? Good time to buy VIX IYAM ...
You think every generation has had the exact same investment IQ? There hasn't been any variation? I'm not taking that they have a high investment IQ, but that higher than other generations
Last time AMZN had earnings it gapped up a ton and then tanked so I am selling my calls off the open tomorrow. Hopefully it doesn't fall till after the open tomorrow.
If I were to post my company's retirement portfolio options for our 401K would someone be willing to give me some advice on what % I should put into each? I would shower you with likes. Current setup has been awful.